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In the current sale???? LOL!
All IMHO.
If you ask me.
Still up 2.2% after yesterdays results with the market generally down again.
Pleanty of buys by the looks.
. Good sign.
Nothing great about results, they are basically limping along and hope/expect things will improve. I think the share price will move will the overall market mood. Is this possibly the worst of it?
Another interest rate rise is coming, wage inflation continues to be high
I don't feel like buying anything at the moment as the economy has yet to slow down and even go into recession to get inflation down again. We've not seen a return on holding 'cash' for along time and this is a big distraction for investors as well as a liability for company debts.
Shares are just so difficult at the moment.
Not great results there, I really did expect better with white paper developments..same as a few other companies, giving out 10% plus pay rises is not really affordable but here we are
. Current ask price 91p. Results tomorrow. Back over £1.00 ????????
We will find out!
Sorry. RNK results due tomorrow, not today!
To me that says *** BUY***.
We will see..................................................
Well I sold out at 93p after the sudden rise, so would like to get back in lower. Might as well wait until results in a couple of days I think? The market as a whole is in the doldrums and the economy is meant to be slowing with rate rises.
Will be interesting.
Was good. Keep an eye!
On the 3 year chart it is interesting that we are now trading and recouping the trough from the Summer of 2020 ! catch that and 130/140p range is back on if the dividends resume!
https://www.hl.co.uk/shares/shares-search-results/r/rank-group-ordinary-13-89p
Aby
https://www.hl.co.uk/shares/shares-search-results/r/rank-group-ordinary-13-89p
Tye 1 year and the last few months the trading pushes on retracing and got stuck around the 90p area and retested and broke through. This is the 3rd retest of the £1 area and a break through confirms the move towards the next level (in the absence of a neg update). there was a fakeout out to 107 for a short time but the chart (for me) is bullish here.
Expecting a rosy view of continued recovery to go to the next leg.
What confirmation are you referring to?
Seems it is trying to breakout ahead of confirmation - this could bode very well for trading.
What happened?
For chartist amongst us, the 200 mda (including weighted is turnng up and the 50 day iimproving.
Waiting for confirmation but this could fly.
The machine mix and numbers is prob better than sports betting...was stated that mix of machines was key to Bingo sites being profitable..wonder how quickly they can make the updates on the gaming floor
My buy this morning shows as a sell on LSE
As far as I know Rank has already being gearing up ready to roll out sports betting and so on so I expect all the top casinos and bingo halls trailed out first then nationwide roll out everything looking good.Now what this down the line could mean for share price is hard to predict but I’m sure we will see some broker upgrades.
https://www.lse.co.uk/rns/RNK/governments-white-paper-on-gambling-legislation-gp89t74e2bmuxms.html
" welcome the policies which will permit sports betting to be available in all of our casinos; changes to the provision of credit for international High Net Worth casino customers*; the review of digital payment methods in land-based venues*; and, in bingo, changes to the '80/20' rule relating to the balance
here's hoping i remember reducing around 180/200 and buying back in 100 down to 60p. A double would do nicely.
Gaming machine mix type and total machine numbers both improve for casinos and bingo..sports betting, potential cashless plus other games and a levy that will likely be skewed to online...this could double in 12-18months imo
what a great start to the turnaround.